Prepaid educational savings plans, also known as prepaid tuition plans, or Qualified Tuition Programs (QTPs), are dedicated savings plans set up under Section 529 of the Internal Revenue Code. The funds are set aside for future college costs, and are operated by individual states or educational institutions. Each state has set up one or more of these plans.
- The University does not accept wired, ACH, online, or cash payments from 529 plans.
- Since the University does not accept overpayments, you cannot submit a payment for the entire year. You can only submit a payment for the amount due according to the billing statement.
- 529 payments must arrive by the due date to avoid late fees and other penalties (i.e. dropped from class), as the University does not accept postmarked dates as on-time.
Steps to Take
- Send a copy of your quarterly billing statement to your 529 administrator
- The billing statement will include your quarterly tuition and registration fees, as well as any on-campus housing fees.
- Ask your 529 administrator to mail a check to the Central Cashier’s Office.
- Include the full name and the student ID number (PID) on the check.
- Make the check payable to UC Regents.
- Send the check to the following mailing address:
UCSD Cashier's Office
9500 Gilman Dr. MC 0009
La Jolla, CA 92093-0009
- The Central Cashier’s Office will then process the prepaid educational savings plan (529 plan) payment and apply it to the student’s account.